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An Empirical Analysis of the Determinants of Greenhouse Gas Voluntary Disclosure in Australia

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  • Zahra Borghei-Ghomi
  • Philomena Leung

Abstract

Based on a comprehensive theoretical framework, we investigate the determinants of greenhouse gas emission (GHG) voluntary disclosure of non GHG registered companies. Previous studies assessed the determinants of GHG voluntary disclosure of firms subject to environmental regulation, risk and liabilities. We also employ proxies of voluntary disclosure theory and agency theory in addition to the stakeholder theory and legitimacy theory used in prior studies. The content analysis for the period 2009 to 2011 shows a positive association between GHG voluntary disclosure, firm size and corporate governance. Further, firms with superior GHG performance are more likely to engage in discretionary disclosure, and listing status plays a significant role in GHG disclosure decision which suggests that stakeholders’ interests also determine disclosure decisions.

Suggested Citation

  • Zahra Borghei-Ghomi & Philomena Leung, 2013. "An Empirical Analysis of the Determinants of Greenhouse Gas Voluntary Disclosure in Australia," Accounting and Finance Research, Sciedu Press, vol. 2(1), pages 110-110, February.
    • Handle: RePEc:jfr:afr111:v:2:y:2013:i:1:p:110
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    References listed on IDEAS

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    4. Denis Cormier & Michel Magnan & Barbara Van Velthoven, 2005. "Environmental disclosure quality in large German companies: Economic incentives, public pressures or institutional conditions?," European Accounting Review, Taylor & Francis Journals, vol. 14(1), pages 3-39.
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    Cited by:

    1. Meilani Devi Utami, 2022. "Factors influencing the carbon emissions disclosure in basic and chemical industrial companies listed on the IDX in 2016-2019," International Journal of Research in Business and Social Science (2147-4478), Center for the Strategic Studies in Business and Finance, vol. 11(9), pages 193-204, December.
    2. Yinka Lydia Emmanuel & Olayinka Adenikinju & Mishelle Doorasamy & Tajueden John Ayoola & Abiodun Oyebamiji Oladejo & Jerry D. Kwarbai & Adegbola Olubukola Otekunrin, 2023. "Carbon Emission Disclosure and Financial Performance of Quoted Nigerian Financial Services Companies," International Journal of Energy Economics and Policy, Econjournals, vol. 13(6), pages 628-635, November.
    3. repec:thr:techub:10031:y:2022:i:1:p:371-387 is not listed on IDEAS

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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